Rainmaker Digital Pictures Corp.: Appointment to Board of Directors March 18, 1997 VANCOUVER, BRITISH COLUMBIA--Rainmaker Digital Pictures Corp. is pleased to announce the appointment of Mr. Peter Meredith to its Board of Directors effective March 11, 1997. Mr. Meredith is currently the Chief Financial Officer for a group of public and private oil and gas and mineral exploration companies which raised over $500 million in equity financing in 1996. Mr. Meredith, previously a senior partner with Deloitte and Touche for 20 years until his move to industry during 1996, brings a wide range of financial experience in mergers and acquisitions, corporate financing and cross border transactions to the Board of Rainmaker. Mr. Meredith will be replacing Mark Nussbaum, who resigned from the Board earlier in the month, and he will assume the role of Chairman of the Audit Committee. Rainmaker Digital Pictures operates digital post production facilities in Vancouver, B.C. and Burbank, California, providing a range of image processing services to producers of feature films, television and new media. Based in Vancouver B.C., the company operates Gastown Film Labs (motion picture laboratory), Gastown Post (digital post-production for television), Rainmaker Imaging (computer animation and visual effects), and Rainmaker Interactive (video compression and proprietary software development). Our Burbank studio specializes in digital visual effects for the Hollywood film-making community. |